What makes ICICI Securities believe ‘Sunny days are ahead’ for REITs – Recommends to Embassy Office and DLF to Buy
Commentary from REIT managers and large office developers indicates that the fall in portfolio occupancies of 6-9 per cent seen in FY21-22 owing to Covid has bottomed out.
There is a possibility of expansion in cap rates for Indian office assets to adjust to higher yield expectations, brokerage said: Pixabay